River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $193,000. Required: Calculate the following: Note: Round your final answers to 2 decimal places. Pay Date October 13 Prior YTD Earnings Social Security Taxable Wages Medicare Taxable Wages Employer Share Social Security Tax Employer Share Medicare Tax December 29

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $193,000.
Required:
Calculate the following:
Note: Round your final answers to 2 decimal places.
Pay Date
October 13
Prior YTD Earnings
Social Security
Taxable Wages
Medicare Taxable
Wages
Employer Share
Social Security Tax
Employer Share
Medicare Tax
December 29
Transcribed Image Text:River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $193,000. Required: Calculate the following: Note: Round your final answers to 2 decimal places. Pay Date October 13 Prior YTD Earnings Social Security Taxable Wages Medicare Taxable Wages Employer Share Social Security Tax Employer Share Medicare Tax December 29
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